Norway - Public Pension Spending
Since 2014, Norway Public Pension Spending was up 3points year on year. At 7.18 Percent of GDP in 2019, the country was ranked number 20 comparing other countries in Public Pension Spending. Norway is overtaken by Sweden, which was ranked number 19 with 7.18 Percent of GDP and is followed by United States at 7.12 Percent of GDP. Greece ranked the highest with 16.37 Percent of GDP in 2019, +1.2points versus 2018. Italy, France and Portugal respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +7points per year, while Ireland recorded the worst performance at -4.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 7.18 |
| 2018 | 7.05 |
| 2017 | 6.87 |
| 2016 | 6.98 |
| 2015 | 6.61 |
Download all data from 1980 to 2019
How does Norway rank in Public Pension Spending?
| # | 38 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
16.36 % | 2019 | +1.2 % | -0.1 % | View data | |
| 2 |
#2
Italy
|
15.94 % | 2019 | +0.5 % | -0.3 % | View data | |
| 19 |
#19
Sweden
|
7.18 % | 2019 | -0.0 % | -0.3 % | View data | |
| 20 |
#20
Norway
|
7.18 % | 2019 | +1.9 % | +3.0 % | View data | |
| 21 |
#21
United States
|
7.12 % | 2019 | +1.4 % | +0.5 % | View data | |